AAVE, this bull market has performed quite brilliantly. DEFI lending is definitely the leader. AAVE's on-chain TVL has reached a record $39 billion, far exceeding the previous bull market's $32 billion. Currently, 95% of the tokens have been unlocked. There is no selling pressure risk. The Trump family has also been increasing their holdings.

From the perspective of price action, there has always been major capital buying in, making it indeed a darling of capital and a hot commodity.

Recently, while the market has pulled back, it has risen against the trend, indicating that a large number of chips are likely in the hands of the market makers. It is very strong, but precisely because of its excessive strength, it poses risks.

Currently, the short-term pressure is around 400. On the daily level for short-term trading, you could place an order around 300, with a stop loss set at 285. For medium to long-term positions, it is not recommended to chase high prices. It is better to miss out. The market maker's cost is between $50-80. The actual starting point is at $110. If you must consider a cyclical investment, then it's better to place an order around 150-120. The market makers have been pushing the price up and buying long, which is merely to attract retail investors to take over. Having invested so much money, they definitely want to sell at a high price to retail investors.

Although it may have a chance to reach the previous high of around 700 in the future. However, from an investment perspective, buying in at around 300 for medium to long-term positions is simply foolish. It’s a love-hate relationship with it; now looking at it, if you want to trade short-term, just look at the price action and feel free to proceed. $AAVE